长安汽车前四月售车89.58万辆微降0.71% 一季度扣非7.83亿元增超六倍

Sales Performance - In the first four months of 2025, the company sold 895,800 vehicles, a slight decrease of 0.71% compared to 902,200 vehicles in the same period of 2024 [1] - In April 2025, the company's sales were 190,700 vehicles, down 9.27% year-on-year [1] - The company sold 770,700 self-owned brand vehicles and 562,200 self-owned passenger vehicles in the first four months, with overseas sales reaching 202,000 vehicles [1] New Energy Vehicle Sales - The company sold 256,100 new energy vehicles in the first four months of 2025, a significant increase of 41.88% from 180,500 vehicles in the same period of 2024 [1] Revenue and Profitability - The company's revenue for Q1 2025 was 34.161 billion yuan, a decline of 7.73% year-on-year, primarily due to intensified market competition and changes in the overall industry environment [1] - The net profit attributable to the parent company for Q1 2025 was 1.353 billion yuan, an increase of 16.81% year-on-year [2] - The company's non-recurring gains and losses decreased significantly from 1.046 billion yuan in Q1 2024 to 569 million yuan in Q1 2025, mainly due to a reduction in government subsidies [2] Strategic Initiatives - The improvement in profitability is attributed to the company's commitment to its third entrepreneurial phase, focusing on innovation, brand enhancement, product structure optimization, and improved efficiency in new energy and overseas markets [2] Financial Overview - For the full year of 2024, the company reported total revenue of 159.733 billion yuan, a year-on-year increase of 5.58%, while the net profit attributable to the parent company was 7.321 billion yuan, a decrease of 35.37% [2] - The company's deductive net profit for 2024 was 2.587 billion yuan, down 31.59% year-on-year [2] Losses in New Energy Brands - The company's two new energy vehicle brands, Deep Blue and Avita, continued to operate at a loss in 2024, with Deep Blue generating revenue of 37.225 billion yuan and a net loss of 1.572 billion yuan [3] - Avita reported revenue of 15.348 billion yuan with a net loss of 4.018 billion yuan, primarily due to high investments in product development, brand promotion, and channel construction [3]